I was fully committed to other issues today and I have just read the report in detail. What a comprehensive and detailed report and of substance. I think that once the brokers get a full realisation of the report namely future testing and what has been found to date NEN will rock! the comment that this could well be a 7 bagger is realistic and not hype. the NEN management have turned under promise and over deliver into an art form. Page 2 with the well locations and finds as to oil and gas looks like a melting pot of untapped reserves and this is before they get to round mountain and upper antelope. Put Vietnam into the mix with the farm in partner to be announced, the potentials of the blocks and Exxon's find next to NEN's block and it looks very nice for the future. Confirms my view on NEN and clearly happy to be buying on the recent weakness. All this aside this is a tough market but I am confident we are on a mover with NEN.
NEN Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
